Examples of Series 1991 Bonds in a sentence
No Series 1991 Drawing made by the Series 1991 Trustee to pay the purchase price of Series 1991 Bonds being redeemed shall be converted into any Tranche A Loan, and Borrower shall reimburse the Issuing Bank as required pursuant to Section [3.2(d) (i)] hereof.
The Company hereby agrees to cause the proceeds of the Series 1996 Bonds to be applied exclusively to the foregoing purpose and to cause the Series 1991 Bonds to be redeemed within 90 days after the date of initial issuance of the Series 1996 Bonds.
The Issuer hereby agrees to make the Loan to the Company for the purpose, in the case of the proceeds of the Series 1996 Bonds, of redeeming the Series 1991 Bonds within 90 days after the date of initial issuance of the Series 1996 Bonds.
Borrower shall not take any action or omit to take any action that, if taken or omitted, would adversely affect the exclusion of interest on the Series 1991 Bonds or on the Series 1993 Bonds from gross income for federal income tax purposes.
In order to provide funds to refund the Series 1991 Bonds, the Issuer agrees that it will initially issue and deliver the Series 1996 Bonds to the purchasers thereof at a price to be approved in advance by the Company and apply and deposit the proceeds thereof in accordance with the terms of the Indenture.